Description

REDUCED--- REDUCED PRICE To SELL ATTENTION DEVELOPERS AND INVESTORS 12,700 sq/ft Free Standing brick building presently used as banquet hall sitting on over 36,400 sq/ft of land located on busy Grand Ave.W/ Great Exposure! -it is a very Well Established Banquet Facility/Restaurant for 30 Years, w/ fully equipped kitchen all included in the sale{ Business Negotiable}.keep as is or redevelop to mixed use, multi family,funeral home ,gaming room, kids play ground and jump area, night club or any investment you think is the best for this very busy location

School Ratings & Info

Description

REDUCED--- REDUCED PRICE To SELL ATTENTION DEVELOPERS AND INVESTORS 12,700 sq/ft Free Standing brick building presently used as banquet hall sitting on over 36,400 sq/ft of land located on busy Grand Ave.W/ Great Exposure! -it is a very Well Established Banquet Facility/Restaurant for 30 Years, w/ fully equipped kitchen all included in the sale{ Business Negotiable}.keep as is or redevelop to mixed use, multi family,funeral home ,gaming room, kids play ground and jump area, night club or any investment you think is the best for this very busy location

Exterior Features

Approx Land Sq Footage

12000

Lot Dimensions

200X182

Lot Sq Ft

9133

Number Of Parking Spaces

80

Waterfront YN

No

Interior Features

Air Conditioning

Central Air

Number Of Stories

1

Outdoor Parking

51-100 Spaces

Property Features

Adj Net Inc Expense Source

Owner Projection

Adjusted Net Income

0

Ann Rnt Expense Source

Owner Projection

Annual Rent For Real Estate

0

Business Age

11+ Years

Business Type

Restaurant

Corporate Limits

Franklin Park

Cost Of Goods Expense Source

Owner Projection

Cost Of Goods Sold

0

Cost Of Goods Year

2016

Current Use

Commercial

Food Beverage Type

Banquet

Gross Payroll

0

Gross Payroll Expense Source

Owner Projection

Gross Payroll Year

2016

Gross Profit

0

Gross Profit Expense Source

Owner Projection

Gross Profit Year

2016

Gross Sales Ann Expense Source

Broker Projection

Gross Sales Ann Year

2016

Gross Sales Annual

0

Heat Ventilation

Central Bldg Heat

Inventory

0

Inventory Expense Source

Owner Projection

Inventory Year

2016

Known Encumbrances

None Known

Net Operating Income Year

2016

Net Profit

0

Net Profit Source

Owner Projection

Possession

Closing

Potential Use

CommercialRetailSpecial UseZoning Change Required

Property Offered

For Sale Only

Real Estate Included YN

Yes

Seating Capacity

100+

Tax Year

2016

Taxes

116153

Tenant Pays

Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceWater/SewerCooking Gas

9755
Grand Avenue
Franklin Park,
IL
60131

Price: $990,000

Status: Active

Updated: 74 min ago

MLS #: 09990747

0

Beds

0

Baths

0

½ Baths

.50-.99 Acre

Acres

12,728

SQFT

$78

$/SQFT

Neighborhood:

Franklin Park

County:

Cook

Area:

Franklin Park

Property Description

REDUCED--- REDUCED PRICE To SELL ATTENTION DEVELOPERS AND INVESTORS 12,700 sq/ft Free Standing brick building presently used as banquet hall sitting on over 36,400 sq/ft of land located on busy Grand Ave.W/ Great Exposure! -it is a very Well Established Banquet Facility/Restaurant for 30 Years, w/ fully equipped kitchen all included in the sale{ Business Negotiable}.keep as is or redevelop to mixed use, multi family,funeral home ,gaming room, kids play ground and jump area, night club or any investment you think is the best for this very busy location